The 14 billion CFA Francs industrial park is composed of a shea butter factory which produces 100 tonnes/day; a Refinery of 30,000l/day, an Oil mill of 200 tonnes/day; livestock feed mixer of 120 tonnes/day.
Exhibitors at the event presented a diverse range of goods and services spanning various sectors of the economy.
During the visit, Mr. Anil Nair highlighted the challenges confronting the Agri-business sector, particularly in the areas of Technology, logistics, preservation, shortage of manpower, power supply, etc
A company told me that it was paying N7-8 million before, now it is paying N32 million.
MAN, in its advocacy, observed that the sustained monetary policy tightening by the CBN for more than two years has not brought down inflation.
In a system where for 35 years people are used to counting good money, and all of a sudden they see that the days of counting that money have come to an end, you don’t expect them to pray for you.
Data from the National Steel Raw Materials Exploration Agency (NSRMEA), shows that total steel consumption in the country averages around 10 million metric tonnes of which 70 percent is imported.
The SON, he stressed, would not relent in its mandate of ensuring that only quality products are allowed in the markets.
Mr Bigg’s had more than 170 outlets in South West Nigeria then, but now more than 95 percent of them are inactive. Some have been leased out, sold or closed down.
The plant has the capacity to assemble and produce 10,000 trucks annually. It is a joint venture, controlled by Dangote with a leading share of 65% and Sinotruck of China with 35%.
